Valmon Securities

At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), 421.62Million shares were traded in 16,256deals, amounting to a market value of N14.998Billion. Compared with the previous trading day (Tuesday January 28), today’s data shows a 22% decrease in volume, a 10% increase in value and a 4% increase in the number of deals. The Current equities market capitalization of the Nigerian Exchange Ltd is NGN64.52trillion, while the All-Share Index (ASI) closed at 104,549.74Basis points, increase 590.99Basis Points, representing a 0.57% increase, and a YTD increase of 0.65% as against the previous trading day’s close of 103,958.75Basis points.
Cumulatively, 125 NGX equities participated in trading, ending with 26 gainers and 38 losers. Aradel Holdings led the gainers with 10% share price appreciation closing at NGN 594.00 per share, followed by Chellarams (+9.98%), Stanbic IBTC Holdings (+9.92%) and University Press (+9.64%). On the losing side, Caverton Offshore Support Group came out last with an end-of-day price depreciation of 10% at NGN 2.07 per share, followed by McNichols (-10%), Thomas Wyatt Nigeria (-9.8%) and Veritas Kapital Assurance (-9.79%). Universal Insurance Company recorded the highest volume of 33.6 million traded shares, followed by Fidelity Bank (31.9m), FCMB Group (23.1m) and Japaul Gold and Ventures (20.2m).

ADVANCERS

Symbols

Last Close

Current

Change

%Change

ARADEL

N 540.00

N 594.00

54.00

10.00 %

CHELLARAM

N 4.91

N 5.40

0.49

9.98 %

STANBIC

N 65.00

N 71.45

6.45

9.92 %

UPL

N 4.67

N 5.12

0.45

9.64 %

DAARCOMM

N 0.77

N 0.84

0.07

9.09 %

DECLINERS

 

Symbols

Last Close

Current

Change

%Change

CAVERTON

N 2.30

N 2.07

-0.23

-10.00 %

MCNICHOLS

N 1.60

N 1.44

-0.16

-10.00 %

THOMASWY

N 2.04

N 1.84

-0.20

-9.80 %

VERITASKAP

N 1.43

N 1.29

-0.14

-9.79 %

CONHALLPLC

N 3.00

N 2.73

-0.27

-9.00 %

NIGERIAN ECONOMIC INDICES

 

ECONOMIC INDICATORS

RATE

INFLATION RATE

34.80% as at December, 2024

EXCHANGE RATE

W. A.R./ 1$ vs =N= 1,585.35 at 27/8/2024

MPR

27.50% as at 26/11/2024

FOREIGN RESERVES(GROSS)

$36.55 billion as at 27/8/2024

BONNY LIGHT CRUDE

$87.99 as at 24/8/2023.

GDP Q3 2024

3.46%

 

SOURCE: CBN (Unless Otherwise Stated) ** WAR= Weighted Average Rate on I&E Window

Leave a Reply

Your email address will not be published. Required fields are marked *